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- Sea ? <br />a?? a <br />A O <br />waa ?? S?aKCa! <br />PROJECT: <br />KNOW ALL MEN BY THESE PRESENTS: <br />WHEREAS, <br />PROJECT NO. <br />hereinafter called the "PRINCIPAL", is submiting a PROPOSAL for the above described project, to the STATE OF COLORADO, <br />hereinafter called the ""OBLIGEE'". <br />WHEREAS, the Advertisement for Bids has required as a condition of receiving the Proposals that the Principal submit with <br />the PROPOSAL a PROPOSAL GUARANTY in an amount not less than five per cent (5%) of the Proposal, which sum it is specifically <br />agreed is to be forfeited as Liquidated Damages in the event that the Principal defaults in his obligations as hereinafter specified, <br />and, in pursuance of which Requirement, this Bid Bond is made, executed and delivered. <br />NOW, THEREFORE, the Principal and <br />a corporat;on of the State of , duly authorized to transact business in Colorado, as <br />Surety, are held and firmly bound into the Obligee, in the sum of five per cent (5%) of the Principal's total bid price, lawful money of <br />the United States for the payment of which sum, well and truly to be made to the Obligee, we bind ourselves, our heirs, executors, ad- <br />m;n;strators, successors and assigns, jointly and severally, firmly by these presents. <br />FURTHER THAT, a condition of this obligation is such that the Principal shall maintain his Proposal in full force and effect <br />for th;rty (30) days after the opening of the proposals for the project, or, if the Principal's Proposal is accepted. the Principal shall. <br />within the prescribed time. execute the required Agreement, furnish the required Performance Bond. Labor and Material Payment <br />Bond. Insurance Policy. and Certificates of Insurance. then this'obligation shall be null and void, otherwise it shall remain jiri full force <br />and effect. and subject to forfeiture upon demand as Liquidated Damages. ! <br />IN WITNESS WHEREOF said Principal and Surety have executed this Bond, this day of ,A.D., <br />tq a? OOp <br />(Corporate Seal) THE PRINCIPAL <br />ATTEST: <br />. Address <br />By <br />Secretary <br />SIGNATURES: If the "Principal" is doing business as a Corporation, the Bid Bond shall be signed by an officer, ;.e.. President or Vice- <br />President. The signature of the officer signing shall be attested to by the Secretary and properly sealed. <br />If the "Principal" is an individual or a partnership, the Bid Bond shall so indicate and be properly signed. <br />(Corporate Seal) THE SURETY <br />By <br />Attorney-;n-Fact <br />THIS BOND MUST BE ACCOMPANIED BYTOWER OF ATTORNEY. EFFECTIVELY DATED <br />State Form SC-6.14 <br />Issued 9/1/65 IRev. 7/1/70)